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12625 Tomball Pkwy Houston, TX 77086

For Sale
$3,675,000

Houston Chipotle, strong returns.

Description

Added:
Dec 11, 2024
Days on Market:
364
This exceptional investment opportunity presents a 2,325-square-foot, single-tenant, absolute NNN leased Chipotle restaurant located at 12625 Tomball Parkway, Houston, Texas 77086. The property boasts a new 10-year lease commencing October 1, 2023, and expiring September 30, 2033, with four 5-year renewal options, each including a 10% rent increase. The current annual net operating income (NOI) is $147,000, yielding a 4.00% cap rate on the $3,675,000 asking price. The lease is backed by a corporate guarantee from Chipotle (NYSE: CMG), providing significant security for investors. Situated on a 0.64-acre lot, this one-story, 2023-built building benefits from a high-traffic location with over 59,000 vehicles daily on Tomball Parkway, near the intersection of SH 249 and Antoine Drive. The property enjoys excellent visibility and accessibility, surrounded by other prominent retailers including Walmart, Kroger, Jersey Mike's, Starbucks, and many more. The inclusion of a Chipotlane drive-thru further enhances customer convenience and sales potential. This is an ideal investment for passive investors seeking a stable, high-performing asset with a strong corporate tenant and significant long-term growth potential. The ground lease expires September 30, 2033.

Property Features for 12625 Tomball Pkwy

General Information

Property type
Restaurants
Lot Size
27,878 SF

Building Details

Year Built
2023
Buildings
1
Stories
1

HighLights

  • New 10‑year absolute NNN lease with 10% rent increases every five years.
  • High‑traffic location on Tomball Parkway, exceeding 59,000 vehicles daily.
  • Ideal passive investment; corporate guarantee from Chipotle (NYSE: CMG).
  • Chipotlane drive‑thru enhances customer convenience and sales.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Houston
County
Harris
State
Texas
Longitude
-95.481201426647
Latitude
29.912143736406

FAQs

What type of property is this?
Restaurant - Houston Chipotle, strong returns.
Where is this restaurant located?
The property is located at 12625 Tomball Pkwy Houston, TX.
What is the asking price?
The asking price for this property is $3,675,000.
What are key features of this property?
This property features: New 10-year absolute NNN lease with 10% rent increases every five years.; High-traffic location on Tomball Parkway, exceeding 59,000 vehicles daily.; Ideal passive investment; corporate guarantee from Chipotle (NYSE: CMG).
More about this property
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